May 2020 Financial News

Trinidad Cement Limited - Resumption of Operations

May 15, 2020

Trinidad Cement Limited ("TCL'' or "the Company") hereby advises that on May 8, 2020 the Company received approval from the Government of Trinidad and Tobago to resume all its operations in Trinidad and Tobago. In accordance with this approval, TCL has resumed all operations. TCL further advises that the operations of its wholly owned subsidiary, Arawak Cement Company Limited have also resumed.

As previously disclosed, in accordance with The Public Health [2019 Novel Coronavirus (2019-nCoV)] (No.5) Regulations, 2020, dated March 28, 2020, TCL had temporarily halted its operations, save and except activities related to the safe operation of the company's kiln and port. Also, in accordance with certain orders addressing COVID-19 issued by the Government of Barbados, on even date, Arawak Cement Company Limited, a wholly owned subsidiary of TCL, had temporarily halted operations at its cement manufacturing facility located in Checker Hall, St. Lucy, Barbados.

The health and safety of the Company's employees, contractors, customers, suppliers, and all other stakeholders, continue to be of great importance to TCL. As such, the Company's operations, and those of Arawak Cement Company Limited shall be conducted in adherence with the strictest health and safety protocols.

 

Source:
The Trinidad and Tobago Stock Exchange Limited
Friday 15th May, 2020